, Jan. 21, 2020
/PRNewswire-PRWeb/ -- Healthfuse, the industry leader in managing and sourcing revenue cycle vendors for hospitals and health systems, has been selected by Montefiore Health System, one of New York's
premier academic health systems, to be the vendor management resource across three facilities. Healthfuse will implement revenue cycle vendor initiatives to maximize cash flow and identify cost savings across the system.
"In today's landscape where health systems are increasingly utilizing vendors, it is imperative to ensure those partnerships consist of high-trust, high-value relationships," said Nick Fricano
, president, and chief executive officer of Healthfuse. "Partnering with one of the top-rated health systems in New York
is something we are very proud of, and we are happy to help Montefiore achieve their revenue cycle goals."
Healthfuse combines technology, analytics, and research to improve vendor performance and help healthcare organizations establish revenue cycle best practices. Montefiore Health System selected Healthfuse after an in-depth review of 45+ vendors.
"Montefiore Health System is committed to doing more to bring state-of-the-art healthcare to Westchester
, the Hudson Valley, and the Bronx
. By taking a closer look at our revenue cycle programs, we have been able to identify a large cost savings potential, which will help us in our long-term goals," said PJ Grewal, Associate Vice President, Revenue Cycle at Montefiore Health System. "We know we have a strong partner in Healthfuse and are confident that their experience with New York
-based vendors, dedicated resources, industry insights, and innovative technology will help us secure significant and recurring financial gains, giving us an even stronger future."
About Healthfuse Healthfuse works with 150+ hospitals and health systems to provide revenue cycle vendor management services that reduce cost and increase the collection performance of revenue cycle vendors. Its automated auditing solution for all hospital account collection provides clients with a 24/7 approach to improving the efficiency of all vendor functions and processes by eliminating variability. Healthfuse guides hospitals and health systems as they create a viable, sustainable revenue cycle vendor structure that increases outputs and saves money. Find us here: https://healthfuse.com Follow us here: LinkedIn, Twitter
About Montefiore Health System Montefiore is DOING MORE to bring state-of-the-art healthcare to Westchester
, the Hudson Valley and the Bronx
. We focus on the health care needs of communities and families, and with our Albert Einstein College
of Medicine, are bringing you the benefits of generations of academic and research excellence through our coordinated and compassionate care. Montefiore continues to build on our history of firsts and our centers of excellence, and now we're DOING MORE right down the road from you.